$VTEQ So let’s talk about the implantable medical devices market. In 2011 in the U.S. alone, the market was valued at $43.1 billion by Transparency Market Research. The industry is expected to grow at a compounded annual growth rate (CAGR) of 8%, which means the industry is expected to be worth approximately $73.87 billion by 2018. One of the largest segments responsible for such staggering figures is the breast implant market, which is great news for VeriTeQ Corp. Their product couples very well with breast implants (among many others).